Vodafone Idea Reports Significant Profit Turnaround in Q4 FY26
Vodafone Idea posts PAT of Rs 51,970 crore in Q4 FY26

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Vodafone Idea has posted a consolidated net profit of ₹51,970 crore in Q4 FY26, rebounding from a loss of ₹7,167 crore in the same quarter last year. This turnaround is attributed to a reduction in adjusted gross revenue (AGR) dues, which were revised down from ₹87,695 crore to ₹64,046 crore. The company also saw a 3.2% year-on-year revenue increase, reaching ₹11,303 crore.
- 01Vodafone Idea's exceptional gain of ₹57,491 crore in Q4 FY26 was largely due to a reduction in AGR liabilities.
- 02The company's total operating expenditure increased by 1.4% to ₹6,443 crore in Q4 FY26 compared to the previous year.
- 03The average revenue per user (ARPU) rose to ₹190, an 8.3% increase from ₹175 in Q4 FY25.
- 04Vodafone Idea's total subscriber base reached 192.8 million, with a net positive subscriber addition since February 2026.
- 05The company reported a net profit of ₹34,552 crore for FY26, a significant recovery from a loss of ₹27,383.40 crore in FY25.
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Vodafone Idea has announced a remarkable turnaround, reporting a consolidated net profit of ₹51,970 crore in Q4 FY26, compared to a net loss of ₹7,167 crore in Q4 FY25. This significant improvement is largely attributed to a downward revision of the company's adjusted gross revenue (AGR) dues from ₹87,695 crore to ₹64,046 crore by the Department of Telecommunications (DoT). The company also recorded an exceptional gain of ₹57,491 crore due to the reassessment of its AGR liabilities. Revenue for the quarter rose by 3.2% year-on-year to ₹11,303 crore, while total operating expenses increased by 1.4% to ₹6,443 crore. Notably, the average revenue per user (ARPU) improved to ₹190, reflecting an 8.3% increase from the previous year. Vodafone Idea's total subscriber base reached 192.8 million, marking a positive trend in subscriber additions since February 2026. For the entire fiscal year, the company registered a net profit of ₹34,552 crore, rebounding from a loss of ₹27,383.40 crore in FY25. CEO Abhijit Kishore highlighted the impact of capital expenditure investments and network enhancements as key drivers of this performance.
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The reduction in AGR dues and improved profitability could lead to enhanced investment in network infrastructure, potentially improving service quality for customers.
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